Projected Income Statement: Metsä Board Oyj

Forecast Balance Sheet: Metsä Board Oyj

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 -77.2 96.8 147 345 255 215 126 27.7
Change - 225.39% 51.86% 134.69% -26.09% -15.75% -41.4% -78.02%
Announcement Date 10/02/22 09/02/23 08/02/24 06/02/25 05/02/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Metsä Board Oyj

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 213.7 274.2 218.4 164 136 75.8 80.2 90.6
Change - 28.31% -20.35% -24.91% -17.07% -44.26% 5.8% 12.97%
Free Cash Flow (FCF) 1 146.6 26.7 124.4 -126.2 103.6 56.83 105.5 122.7
Change - -81.79% 365.92% -201.45% 182.09% -45.14% 85.59% 16.35%
Announcement Date 10/02/22 09/02/23 08/02/24 06/02/25 05/02/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Metsä Board Oyj

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 22.66% 24.31% 11.12% 9.03% 1.67% 8.18% 11.67% 12.71%
EBIT Margin (%) 18.55% 21% 6.29% 3.56% -4.52% 2.95% 5.94% 7.21%
EBT Margin (%) 17.55% 21.17% 6.23% 2.65% -10.53% 2.4% 5.87% 6.58%
Net margin (%) 15.07% 18.6% 5.23% 2.03% -9.27% 1.97% 4.2% 4.46%
FCF margin (%) 7.03% 1.08% 6.41% -6.51% 5.83% 3.28% 5.67% 6.31%
FCF / Net Income (%) 46.69% 5.79% 122.44% -320.3% -62.94% 166.18% 134.88% 141.36%

Profitability

        
ROA 12.02% 14.27% 3.21% 1.47% - - - -
ROE 19.4% 22.5% 4.7% 2.25% -5% 1.58% 4.92% 4.95%

Financial Health

        
Leverage (Debt/EBITDA) - 0.16x 0.68x 1.97x 8.62x 1.51x 0.58x 0.11x
Debt / Free cash flow - 3.63x 1.18x -2.73x 2.46x 3.78x 1.2x 0.23x

Capital Intensity

        
CAPEX / Current Assets (%) 10.25% 11.06% 11.25% 8.46% 7.66% 4.37% 4.31% 4.66%
CAPEX / EBITDA (%) 45.26% 45.49% 101.11% 93.71% 459.46% 53.44% 36.94% 36.66%
CAPEX / FCF (%) 145.77% 1,026.97% 175.56% -129.95% 131.27% 133.37% 76.04% 73.82%

Items per share

        
Cash flow per share 1 0.8607 0.6529 0.911 0.0763 0.6405 0.355 0.495 0.6
Change - -24.15% 39.53% -91.62% 739.45% -44.57% 39.44% 21.21%
Dividend per Share 1 0.41 0.58 0.25 0.07 - 0.0375 0.11 0.1667
Change - 41.46% -56.9% -72% - - 193.33% 51.52%
Book Value Per Share 1 4.78 5.86 5.35 4.91 4.48 4.674 4.856 5.047
Change - 22.59% -8.7% -8.22% -8.76% 4.34% 3.89% 3.93%
EPS 1 0.82 1.15 0.27 0.07 -0.44 0.095 0.235 0.2632
Change - 40.24% -76.52% -74.07% -728.57% 121.59% 147.37% 12.01%
Nbr of stocks (in thousands) 3,55,513 3,54,513 3,54,812 3,55,035 3,55,152 3,55,152 3,55,152 3,55,152
Announcement Date 10/02/22 09/02/23 08/02/24 06/02/25 05/02/26 - - -
1EUR
Estimates
2026 *2027 *
P/E ratio 31.6x 12.8x
PBR 0.64x 0.62x
EV / Sales 0.77x 0.67x
Yield 1.25% 3.66%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
5
Last Close Price
3.004EUR
Average target price
2.800EUR
Spread / Average Target
-6.79%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. METSB Stock
  4. Financials Metsä Board Oyj